RNSC vs. FFSM ETF Comparison

Comparison of First Trust Small Cap US Equity Select ETF (RNSC) to Fidelity Fundamental Small-Mid Cap ETF (FFSM)

RNSC

First Trust Small Cap US Equity Select ETF

RNSC Description

The Small Cap US Equity Select ETF (the "Fund") seeks investment results that correspond generally to the price and yield (before the Fund's fees and expenses) of an equity index called the Nasdaq Riskalyze Small Cap US Equity Select Index (the "Index"). The Fund will normally invest at least 90% of its net assets (including investment borrowings) in common stocks that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index. The Fund's investment advisor seeks a correlation of 0.95 or better (before fees and expenses) between the Fund's performance and the performance of the Index; a figure of 1.00 would represent perfect correlation. The Index is owned and is developed, maintained and sponsored by Riskalyze, Inc. (the "Index Provider").

Grade (RS Rating)

Last Trade

$31.14

Average Daily Volume

2,988

Number of Holdings ^*

302

* may have additional holdings in another (foreign) market

FFSM

Fidelity Fundamental Small-Mid Cap ETF

FFSM Description

FFSM discloses holdings only on a monthly basis with a 30-day lag. The fund actively selects global mid- and small-cap companies with both growth and value factors. The portfolio is selected using fundamental and quantitative analysis, considering factors such as issuer's financial health and industry position, as well as the overall economic condition. The fund has a Tracking Basket Structure in place, which acts as a proxy portfolio that includes some of the funds holdings from recent disclosure, significant portion of the funds holdings, and cash. This is designed to track the funds daily performance, facilitate arbitrage opportunities and help mitigate the risk of front-running. However, investors should note that its non-transparent structure could result in wider spreads. Before February 26, 2024, the fund traded as Fidelity Small-Mid Cap Opportunities ETF under the ticker FSMO.

Grade (RS Rating)

Last Trade

$28.23

Average Daily Volume

28,455

Number of Holdings ^*

171

* may have additional holdings in another (foreign) market

Performance

Period	RNSC	FFSM
30 Days	2.09%	0.79%
60 Days	3.21%	2.99%
90 Days	6.46%	5.77%
12 Months	19.68%	31.40%

14 Overlapping Holdings

Symbol	Grade	Weight in RNSC	Weight in FFSM	Overlap
ARCB	C	0.29%	0.3%	0.29%
AZZ	A	0.27%	0.34%	0.27%
CC	D	0.24%	0.01%	0.01%
CXT	C	0.26%	0.36%	0.26%
EBC	B	0.21%	0.49%	0.21%
FBP	B	0.18%	0.29%	0.18%
FIBK	B	0.2%	0.01%	0.01%
GVA	A	0.32%	0.35%	0.32%
KFRC	D	0.26%	0.18%	0.18%
LCII	D	0.3%	0.29%	0.29%
PATK	D	0.24%	0.2%	0.2%
TCBK	B	0.21%	0.08%	0.08%
TGLS	B	0.3%	0.81%	0.3%
UPBD	C	0.32%	0.3%	0.3%

RNSC Overweight 288 Positions Relative to FFSM

Symbol	Grade	Weight
PINC	B	3.0%
LMAT	A	2.95%
USPH	C	2.91%
NHC	B	2.81%
CNMD	C	2.71%
PDCO	F	2.51%
CTS	C	1.29%
BHE	B	1.25%
CSGS	B	1.24%
PRGS	B	1.09%
CNXN	D	1.04%
SSTK	F	1.01%
VSH	F	0.99%
XRX	F	0.93%
YOU	D	0.9%
TDS	B	0.75%
IDCC	B	0.71%
CABO	C	0.62%
CCOI	B	0.57%
IRDM	F	0.53%
SHEN	F	0.49%
POWL	C	0.42%
WWW	A	0.4%
VAC	C	0.4%
USLM	A	0.38%
VSEC	B	0.38%
PRIM	A	0.37%
NWL	B	0.37%
CAKE	B	0.36%
GHC	B	0.36%
TNL	B	0.36%
OSW	B	0.36%
TGNA	B	0.36%
WGO	D	0.35%
SAH	B	0.35%
PRDO	B	0.35%
PHIN	B	0.35%
GBX	B	0.34%
WINA	B	0.34%
MCRI	A	0.33%
APOG	B	0.33%
STRA	C	0.33%
WEN	C	0.33%
WS	B	0.33%
DNUT	F	0.33%
ULH	B	0.32%
BKE	B	0.32%
BOWL	D	0.32%
WOR	F	0.32%
EPAC	B	0.32%
HEES	C	0.32%
HNI	B	0.32%
KNTK	A	0.31%
PZZA	F	0.31%
LZB	B	0.31%
CRK	A	0.31%
PRG	C	0.31%
MLKN	F	0.31%
CRGY	A	0.31%
SCS	B	0.31%
MWA	B	0.31%
JBT	A	0.31%
JACK	D	0.31%
FL	F	0.3%
RRR	F	0.3%
CEIX	A	0.3%
HI	C	0.3%
SXI	B	0.3%
B	A	0.3%
KMT	C	0.3%
PSMT	D	0.3%
CRAI	B	0.3%
HLIO	C	0.29%
TRN	A	0.29%
REVG	B	0.29%
HUBG	A	0.29%
GEF	B	0.29%
ABM	B	0.29%
SNDR	B	0.29%
NX	C	0.29%
CAL	F	0.29%
PBI	B	0.29%
ESE	B	0.29%
WTTR	A	0.29%
CLB	C	0.28%
EVTC	B	0.28%
AROC	A	0.28%
SHOO	D	0.28%
OXM	F	0.28%
WERN	B	0.28%
KALU	C	0.28%
ALG	C	0.28%
GES	F	0.27%
ICFI	F	0.27%
NPO	A	0.27%
IOSP	C	0.27%
LNN	B	0.27%
UNF	B	0.27%
CCS	F	0.27%
SCVL	F	0.27%
CMCO	C	0.27%
MRTN	C	0.27%
SLVM	C	0.27%
PTVE	B	0.27%
KSS	F	0.27%
LEG	F	0.27%
BTU	C	0.26%
BLMN	F	0.26%
GIC	F	0.26%
GFF	B	0.26%
MTX	C	0.26%
BRC	C	0.26%
MTRN	C	0.26%
VSTS	F	0.25%
TNC	F	0.25%
KWR	D	0.25%
DAN	F	0.25%
CRI	F	0.25%
NSSC	F	0.25%
SCL	D	0.25%
DK	D	0.24%
CDRE	F	0.24%
LEVI	F	0.24%
HWKN	B	0.24%
AESI	B	0.24%
OEC	C	0.24%
SXT	C	0.24%
AIN	C	0.24%
BGC	C	0.23%
BFH	B	0.23%
TRMK	B	0.23%
INDB	B	0.23%
BANR	B	0.23%
VCTR	B	0.23%
BOH	B	0.23%
ASB	B	0.23%
RES	F	0.23%
CVBF	B	0.23%
MCY	B	0.22%
FHB	B	0.22%
FRME	B	0.22%
BY	B	0.22%
INSW	F	0.22%
PFBC	B	0.22%
BANF	B	0.22%
PJT	B	0.22%
HMN	B	0.22%
CALM	A	0.22%
WSBC	B	0.22%
SASR	B	0.22%
STEP	B	0.22%
CBU	B	0.22%
HY	D	0.22%
WKC	D	0.22%
FBK	B	0.22%
CATY	B	0.22%
CASH	B	0.22%
SYBT	B	0.22%
QCRH	B	0.22%
PPBI	B	0.21%
AGM	B	0.21%
CHCO	B	0.21%
NBTB	B	0.21%
FHI	B	0.21%
LKFN	B	0.21%
VBTX	B	0.21%
VRTS	B	0.21%
MGEE	A	0.21%
FDP	B	0.21%
SFNC	B	0.21%
BHLB	B	0.21%
RNST	B	0.21%
FULT	B	0.21%
EFSC	B	0.21%
FFBC	B	0.21%
PRK	B	0.21%
VIRT	A	0.21%
PFS	B	0.21%
WABC	B	0.21%
PEBO	B	0.21%
GABC	B	0.21%
NBHC	B	0.21%
NIC	B	0.21%
TOWN	B	0.2%
CVI	D	0.2%
WMK	B	0.2%
WT	A	0.2%
WDFC	B	0.2%
HOPE	B	0.2%
BKU	A	0.2%
CNNE	B	0.2%
SRCE	B	0.2%
NWBI	B	0.2%
FCF	B	0.2%
EIG	B	0.2%
WSFS	B	0.2%
FBNC	B	0.2%
SBCF	B	0.2%
BANC	B	0.2%
APAM	B	0.2%
LADR	B	0.19%
ROIC	A	0.19%
MAC	A	0.19%
UE	A	0.19%
STBA	B	0.19%
CODI	B	0.19%
AWR	A	0.19%
BUSE	B	0.19%
KLG	D	0.19%
SAFT	B	0.19%
ENR	B	0.19%
MSEX	B	0.19%
WAFD	B	0.19%
STC	B	0.18%
XHR	B	0.18%
AAT	A	0.18%
UTZ	D	0.18%
AVA	C	0.18%
NAVI	F	0.18%
NNI	D	0.18%
SHO	D	0.18%
NXRT	A	0.18%
MMI	B	0.18%
KW	B	0.18%
DRH	B	0.18%
SPB	C	0.18%
PK	D	0.18%
EPC	F	0.18%
BXMT	C	0.18%
RLJ	C	0.18%
OFG	B	0.18%
CDP	C	0.18%
PGRE	D	0.18%
AKR	A	0.18%
ABR	B	0.18%
LTC	B	0.18%
APLE	B	0.18%
ARI	C	0.18%
UVV	B	0.18%
DEI	B	0.18%
LOB	C	0.18%
CMTG	D	0.18%
SKT	A	0.18%
FBRT	C	0.18%
TR	B	0.18%
HTH	B	0.18%
NWN	A	0.18%
CPK	A	0.18%
JJSF	C	0.18%
IVT	A	0.18%
CWEN	C	0.17%
OUT	A	0.17%
ESRT	C	0.17%
HIW	D	0.17%
DEA	D	0.17%
UMH	A	0.17%
ELME	D	0.17%
PMT	D	0.17%
VRE	A	0.17%
NMRK	B	0.17%
GTY	A	0.17%
CWT	C	0.17%
IMKTA	C	0.17%
SJW	F	0.17%
NWE	C	0.17%
RC	D	0.17%
ANDE	F	0.17%
ALEX	B	0.17%
EXPI	C	0.17%
ALX	D	0.16%
BNL	D	0.16%
EPR	D	0.16%
PCH	D	0.16%
FCPT	C	0.16%
JBGS	F	0.16%
LXP	D	0.16%
NHI	D	0.16%
PEB	F	0.16%
NTST	D	0.16%
MBIN	F	0.16%
DBRG	F	0.15%
NSA	C	0.15%
JOE	F	0.15%
SEB	F	0.15%
GNL	D	0.15%
MPW	F	0.13%
IIPR	F	0.13%
MGPI	F	0.11%

RNSC Underweight 157 Positions Relative to FFSM

Symbol	Grade	Weight
EME	A	-1.81%
UHS	D	-1.5%
FTI	A	-1.47%
TPX	B	-1.46%
ACGL	D	-1.45%
EXP	B	-1.44%
MUSA	B	-1.34%
NSIT	F	-1.33%
AR	B	-1.27%
BJ	B	-1.22%
FN	B	-1.22%
ITT	A	-1.2%
CROX	F	-1.17%
PFGC	B	-1.16%
USFD	A	-1.16%
VRT	A	-1.14%
SN	D	-1.11%
JLL	D	-1.1%
MOH	F	-1.1%
CACI	C	-1.06%
WHD	B	-1.01%
CR	A	-1.01%
RRX	B	-1.01%
ORI	A	-0.96%
SNX	D	-0.95%
DOX	D	-0.92%
AIZ	A	-0.91%
BOOT	D	-0.9%
TMDX	F	-0.9%
LNG	A	-0.9%
DFS	B	-0.89%
AIT	B	-0.88%
SNV	B	-0.88%
DKS	D	-0.84%
STX	D	-0.84%
AYI	B	-0.81%
FAF	C	-0.77%
ALSN	B	-0.76%
BC	D	-0.76%
VTR	B	-0.76%
RGA	B	-0.76%
NXST	C	-0.75%
SF	B	-0.75%
PNFP	B	-0.73%
PCG	A	-0.72%
HLI	B	-0.71%
GPK	D	-0.71%
AEIS	B	-0.66%
ACM	B	-0.66%
ASGN	F	-0.65%
AES	F	-0.65%
LPX	B	-0.65%
KBH	D	-0.64%
FCNCA	A	-0.63%
ON	F	-0.62%
BECN	B	-0.61%
MMS	D	-0.6%
CMC	B	-0.6%
FSS	B	-0.6%
LBRT	F	-0.59%
G	B	-0.59%
VNT	C	-0.59%
CBT	C	-0.59%
CADE	B	-0.59%
WBS	A	-0.57%
NOG	B	-0.57%
MEDP	D	-0.57%
MTSI	B	-0.57%
PRI	A	-0.56%
EPRT	A	-0.56%
HOLX	D	-0.56%
XPO	B	-0.56%
BCO	F	-0.56%
CHDN	C	-0.54%
ESI	B	-0.54%
CIEN	B	-0.53%
ASO	F	-0.53%
WTFC	B	-0.52%
CRL	D	-0.52%
CWK	C	-0.51%
RJF	A	-0.51%
PVH	C	-0.51%
HAYW	B	-0.51%
IESC	A	-0.51%
GMS	B	-0.51%
WIX	A	-0.5%
AFG	A	-0.49%
CTRE	C	-0.49%
EAT	A	-0.47%
CNM	C	-0.47%
KBR	F	-0.46%
BOKF	B	-0.46%
BLDR	D	-0.46%
TENB	D	-0.45%
OLN	F	-0.45%
PRCT	B	-0.44%
LITE	B	-0.44%
NOMD	D	-0.42%
AXTA	B	-0.42%
TEX	D	-0.42%
ARGX	B	-0.41%
COMP	B	-0.4%
LW	C	-0.4%
MASI	B	-0.39%
IP	A	-0.37%
CAH	B	-0.36%
RUSHA	B	-0.35%
GTES	A	-0.33%
WFRD	F	-0.33%
PCVX	D	-0.32%
FLEX	B	-0.31%
AZEK	B	-0.3%
MTB	A	-0.3%
SKY	A	-0.3%
LEA	F	-0.3%
GRBK	D	-0.3%
CNXC	F	-0.29%
IBTX	B	-0.29%
DIOD	F	-0.27%
AMN	F	-0.27%
ALGM	F	-0.24%
LAUR	A	-0.24%
DOOO	F	-0.23%
CRNX	C	-0.19%
ACLX	C	-0.19%
RGEN	F	-0.19%
CYTK	D	-0.18%
MDGL	C	-0.16%
NUVL	D	-0.16%
AAP	D	-0.15%
XPRO	F	-0.14%
MNDY	D	-0.14%
KROS	D	-0.13%
ELVN	C	-0.12%
VCEL	A	-0.12%
VRDN	D	-0.12%
OMI	F	-0.12%
AXSM	B	-0.11%
ANAB	F	-0.11%
CSTM	F	-0.11%
TYRA	D	-0.11%
COGT	D	-0.11%
LBPH	A	-0.1%
ICLR	F	-0.1%
CLDX	F	-0.1%
XENE	D	-0.09%
AUTL	F	-0.08%
MRUS	F	-0.07%
PBH	A	-0.06%
ARVN	F	-0.04%
ATKR	D	-0.01%
LPLA	A	-0.01%
STLD	B	-0.01%
AME	A	-0.01%
ALXO	F	-0.0%
EWTX	C	-0.0%
ZNTL	D	-0.0%